Gold mcx forming pole and flag pattern in hourly chart, once break successfully can touch 57900-57950.
disc- Do proper study before make any invest/trade or consult with your financial advisor. This view/analysis is only for educational purposes, not a recommendation.
all global indices have ended in the positive, indicating a bullish sentiment in the market. This has led to a positive opening for the Nifty is likely to have a gap up opening of around 100 to 120 points.
If the Nifty sustains the 17150 level, it is likely to move up to the next resistance level, which is 17260. A resistance level is a level in the market where...
Fin Nifty tomorrow:
Similar to Banknifty, Finnifty is also making flag pattern,
Tomorrow - BEARISH with negative sentiment but small correction is expected after a fall, so we can expect small Gap up / Flat open around 17578, if sustains above 17578 we can expect 17700 as first target.
17700 Supply zone will act as strong resistance where we can look for SELL...
Bank Nifty tomorrow:
Tomorrow - Still BEARISH with negative sentiment but small correction is expected after a fall, so we can expect small Gap up / Flat open around 39600, if sustains above 39500 we can expect 39761 as first target.
We have channel resistance around 39760 if any rejection we can initiate SELL entry at 39760 /40000 levels. Look to take only SELL...
Nifty tomorrow:
Almost Nifty compromised 17K today, and there was a sell pressure around 17K. However managed to close above 17K at closing.
Tomorrow - Still BEARISH with negative sentiment but small correction is expected after a fall, so we can expect small Gap up / Flat open around 17080, if sustains above 17085 we can expect 17174 as first target. If closes...
NSE:NIFTY
These Green and red colour boxes are buying and selling zones. Price may take reversal from either of these zones. If price opens flat it can take support from green zones and if it break either of these zones price can continue in same direction.
Dear All,
Just like we had stated in the yesterday’s Morning Mantra update , that Nifty can create some panic around the level of 17300 and that it can take a support at around 17180 , which will work as a speed breaker in between the levels of 17300 and 16800 level. Similarly , we did witness almost the approximate figure of 17154 , which is very near...
ABB Cmp 3274 dated 13-3-2023
1. Bearish Engulfing Candle @ Resistance
2. Trendline breakdown @ 3235
3. RSI breakdown
Sell below 3265 for target 3220-3130-3060-3000 SL 3370
It is just a view, please trade at your own risk.
Finnifty Importent Levels For Option Buying and Option Selling
Support Zones For Finnifty Intraday Trading
First Support Zone For Finnifty – 17550 – 17565
Second Support Zone For Finnifty – 17340 – 17360
Third Support Zone For Finnifty – 16990 – 17030
Resistance Zones For Finnifty Intraday...
NiftyBank One Hour Chart Analysis with Option Chain Analysis
Support Zones
Frist Support Level For For Long Banknifty - 39225 - 39255
Second Support Level For Long Banknifty - 38755 - 38810
Third Support Level For Long Banknifty - 38300 - 38330
Resistance Zones
First Resistance...
Analysis:
weekly, daily fvg liquidity has taken
Senerios:
A)if 4hr low at 1810.3 taken then look: 15min sell entries.
B) if price rallies above 1889.45 in NY session look for buy entries at fvg of OB(till next high liquidity taken)
Range movement is expected as long as price is trending in the range 17320 - 17420. Book profits accordingly. Buy above 17420 with the stop loss of 17390 for the targets 17450 and 17480. Sell below 17300 with the stop loss of 17330 for the targets 17270 and 17240.
Yesterday, I had posted regarding the IVHS pattern of Nifty. Today, market had a big breakaway gap up opening followed by upmove to a strong resistance of 17600.
Yesterday, the market had given a bearish closing and looks like this was a short covering which was triggered by strong Rupee vs USD.
Today's closing above 17600 would be either a bull trap or a...
